IRS Income Data for Valley Lee, MD 20692
View threads near Valley Lee, MD 20692 or Start a new Valley Lee MD 20692 thread
More about Valley Lee MD 20692
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 14% | 17% | 20% | 18% | 11% | 18% | 2% |
| Number of returns | 81 | 99 | 119 | 108 | 64 | 104 | 14 |
| Number of joint returns | 0 | 24 | 30 | 59 | 49 | 96 | 14 |
| Number of returns from paid preparer | 41 | 52 | 72 | 68 | 36 | 71 | 0 |
| Total number of exemptions | 72 | 153 | 210 | 221 | 168 | 290 | 35 |
| Total number of dependents | 13 | 27 | 39 | 36 | 29 | 49 | 0 |
| Adjusted gross income | $1,643 | $17,242 | $37,114 | $62,075 | $86,874 | $136,494 | $356,823 |
| Salaries and wages | $4,997 | $12,361 | $28,742 | $47,040 | $68,218 | $110,328 | $189,164 |
| Taxable interest | $190 | $172 | $890 | $990 | $745 | $2,277 | $3,940 |
| Ordinary dividends | $0 | $162 | $39 | $282 | $299 | $2,145 | $0 |
| Business or professional net income | $-1,047 | $1,656 | $192 | $958 | $-98 | $443 | $0 |
| Net capital gain | $0 | $-72 | $0 | $101 | $-149 | $1,932 | $0 |
| Taxable individual retirement account distributions | $0 | $0 | $0 | $1,905 | $1,984 | $0 | $0 |
| Taxable pensions and annuities | $0 | $2,697 | $5,720 | $8,969 | $11,544 | $15,469 | $0 |
| Unemployment compensation | $0 | $0 | $762 | $0 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $0 | $832 | $2,895 | $2,920 | $1,540 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $0 | $4,198 | $5,456 | $12,521 | $16,120 | $29,765 | $75,509 |
| State and local income taxes | $0 | $0 | $855 | $2,557 | $3,615 | $9,720 | $26,393 |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Real estate taxes | $0 | $442 | $699 | $1,538 | $1,561 | $3,408 | $9,233 |
| Taxes paid | $0 | $631 | $1,579 | $4,110 | $5,202 | $13,146 | $35,726 |
| Mortgage interest paid | $0 | $1,704 | $1,893 | $4,897 | $8,010 | $12,516 | $34,386 |
| Contributions | $0 | $224 | $459 | $1,180 | $1,302 | $2,695 | $3,471 |
| Taxable income | $149 | $5,327 | $20,654 | $38,595 | $57,657 | $96,856 | $273,771 |
| Total tax credits | $0 | $118 | $289 | $480 | $714 | $460 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $0 | $249 | $376 | $457 | $297 | $0 |
| Child and dependent care credit | $0 | $0 | $0 | $88 | $0 | $82 | $0 |
| Earned income credit | $225 | $698 | $166 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $190 | $588 | $138 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income tax | $0 | $470 | $2,414 | $4,991 | $7,958 | $16,291 | $66,797 |
| Total tax liability | $74 | $717 | $2,680 | $5,410 | $8,035 | $16,592 | $68,333 |
| Tax due at time of filing | $115 | $0 | $390 | $195 | $537 | $752 | $0 |
| Overpayments refunded | $-702 | $-1,630 | $-1,971 | $-2,806 | $-3,077 | $-3,891 | $0 |
| Total Tax Liability / AGI | 4% | 4% | 7% | 9% | 9% | 12% | 19% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.